Insegnamento a.a. 2007-2008

8196 - COMPARATIVE FINANCIAL SYSTEMS


MM-LS - OSI-LS - AFC-LS - CLAPI-LS - CLEFIN-LS - CLELI-LS - CLEACC-LS - DES-LS - CLEMIT-LS - CLG-LS - M-LS

Department of Finance

Course taught in English

Go to class group/s: 31
MM-LS (6 credits - II sem. - AI) - OSI-LS (6 credits - II sem. - AI) - AFC-LS (6 credits - II sem. - AI) - CLAPI-LS (6 credits - II sem. - AI) - CLEFIN-LS (6 credits - II sem. - AI) - CLELI-LS (6 credits - II sem. - AI) - CLEACC-LS (6 credits - II sem. - AI) - DES-LS (6 credits - II sem. - AI) - CLEMIT-LS (6 credits - II sem. - AI) - CLG-LS (6 credits - II sem. - AI) - M-LS (6 credits - II sem. - AI)
Course Director:
MARCO ONADO

Classes: 31 (II sem.)
Instructors:
Class 31: MARCO ONADO


Course Objectives

  • Analyze the conceptual framework for comparing financial systems across Countries and over time (in particular looking at the main channels of intermediation: banks vs financial markets).
  • Review the main characteristics of the financial systems of the industrialized Countries looking at the households' financial assets and the corporate sector's financial liabilities and main strategic implications for international players.
  • Analyze the European process of financial integration: the Directives, their implementation and the actual results.
  • Discuss - as significant case studies - the strategies of important global players of different countries, both American and European. The final case will look at the formation of the first big European player. Most cases will be discussed with managers or analysts of international financial institutions.

 


Course Content Summary

  • Financial structure: general and theoretical issues.
  • Households financial assets in an international perspective: implications for the strategy of major international banks and asset managers.
  • Non-financial companies' financial liabilities in an international perspective; implications for the strategy of main international banks.
  • The characteristics of main international banks: global players; multi-regional banks etc.
  • The European financial convergence: the main Directives and their implementation.
  • The big international players: profitability, business models, strengths and weaknesses.
  • Strategic issues for international players: cross-border mergers and their implications.

Detailed Description of Assessment Methods

Written; both multiple choice and open questions.


Textbooks

  • All teaching material is available on the website

Exam textbooks & Online Articles (check availability at the Library)
Last change 13/06/2007 10:22